Cost and time risk factors in construction projects in the Dominican Republic

The building sector is very dynamic and complex, so construction works are surrounded by uncertainties. The deficiencies of this sector are mainly related to poor project planning and management, resulting in losses because of missed deadlines, cost overruns, reworks, and unsatisfied clients. For a...

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Detalhes bibliográficos
Autores: Fernández de Valderrama Aparicio, Pedro, Ureña Estrella, C., Moyano Campos, Juan José, Bienvenido Huertas, David
Formato: artículo
Fecha de publicación:2024
País:España
Recursos:Consejo General de la Arquitectura Técnica de España (CGATE)
Repositorio:RIARTE
OAI Identifier:oai:www.riarte.es:20.500.12251/3702
Acesso em linha:http://hdl.handle.net/20.500.12251/3702
https://doi.org/10.3389/fbuil.2024.1307572
Access Level:acceso abierto
Palavra-chave:Planificación de obras
Sector de la Construcción
Desviación de presupuestos
Cálculo de costes
Plazo de ejecución
República Dominicana
Diseño arquitectónico
Análisis multivariante
5311.07 Investigación Operativa
5311.02 Gestión Financiera
5311.09 Organización de la Producción
5302.02 Modelos Econométricos
5312.03 Construcción
Descrição
Resumo:The building sector is very dynamic and complex, so construction works are surrounded by uncertainties. The deficiencies of this sector are mainly related to poor project planning and management, resulting in losses because of missed deadlines, cost overruns, reworks, and unsatisfied clients. For a project to be successful, all the parties involved should work together to effectively manage the risks that could emerge in the project life cycle. This research defines and establishes a classification of the factors causing cost and time deviations in construction projects in the Dominican Republic. For this purpose, the most common factors are compiled, and their risk levels are determined by using the data obtained in a survey in which professionals from the building sector participated. The indexes marked by the participants show that the serious risk factors are design variations and the variations made by clients, a tight project schedule and the preparation of bid offers, deficiencies in the work planning and schedule, the lack of skilled labour, and work performance errors.